Listing provided courtesy of Elvira Salazar of Big Block Realty. Last updated 2024-11-22 09:13:14.000000. Listing information © 2024 Sandicor.
Asking Price: $4,000,000
1233 Rock Springs, Escondido CA 92026
Community: 92026 - Escondido
This Single Family Residence property was built in 1979 and is priced at $4,000,000. Please see the additional details below.
This site consists of 3.86 acres, the second parcel adjacent is sold separately (a total of 9 acres). The site is centrally located in San Diego County, near the I-15 and I-78 freeways and directly between the City of San Marcos / City of Escondido borderlines. The area has proven residential absorption and is in a good residential corridor. The land is Zoned Rural Residential with a General Plan Land Use of Village Residential (VR-4.3). This Land Use allows for the development of 38 single-family, 6,000 SF Lots (with the purchase of two lots totaling 9 acres at 4.3DU/AC). The site is within the VMT Efficient threshold - see attached exhibits for confirmation. County staff supports development in the village and is aware of this project’s future development potential. Ownership is willing to structure escrow by providing time for the buyer to close at entitlements, with earnest money milestone deposit payments. Recent New Construction Community Home sales boast a closing range between $919,500 and $1,299,000. Recent New Construction Townhome/ Condominium Communities boast a sales closing range between $845,000 and $959,000.00
PRICE & TERMS: All offers will be considered. Buyer and Buyer Agent to verify all information on MLS ***
